News
APAC’s affluent move $700b to digital wealth management
APAC’s affluent move $700b to digital wealth management
These firms are adopting hybrid models that combine digital tools with limited human assistance.
Half of CEOs globally prioritise new business ventures
60% are eager to pursue generative artificial intelligence-enabled ventures.
APAC automotive aftermarket wear and tear market to grow 3.7% through 2028
Factors like accident rates and driving patterns will drive growth.
Banks gain 50% more tech capacity with productivity focus
Generative AI tools to streamline tasks can yield productivity gains of up to 30%.
S. Korea leads mobile game scores in East Asia as 5G improves gaming experience
The country led the Game Score with 90.06 out of 100 during H1 2024.
Finance trails in active gen AI adoption despite broad corporate uptake: report
The report cited issues over data accuracy, security risks, and use-case selections.
What is the potential impact of Trump 2.0?
Singapore faces the steepest challenges due to its highly open economy.
Insurance firms lag in climate committees
Yet, 70% of firms view climate risk as central.
APAC consumers anxious about future despite AI optimism
Across the region, 68% view AI as having a positive impact on the world.
NSW issues new planning framework for RE development
This includes five new and updated guidelines.
Indonesia’s captive coal power to breach 20 GW by 2026
It will be overtaking Australia.
4 key factors driving innovation in the spirits industry
Millennials and Gen Z are increasingly driving spirits sales.
SG life sector’s weighted new business premiums surge 24% YoY in 9M 2024
Q3 2024’s weighted new business premiums grew by 18.2% YoY.
4,800 phishing incidents monthly in India's banks
Banks use GenAI apps at a lower rate than other sectors, likely due to stricter controls.
Asia’s commercial insurance rates dip 4% in Q3 2024
Global commercial insurance rates fell by 1% in Q3 2024.
Over half of insurers penalised for errors
58% of respondents said it takes over five months to implement a rule change.
Global Reinsurers’ ROE surpasses cost of equity in 2023
ROE of reinsurers reached 22% last year.
Commentary
Mobile-first web design: Why Asian brands can't afford to ignore it in 2025